#Economics #2ndOilCrisis

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...#LLMs (#ChatGPT,) the #Industrialization since the 2nd
half of the 19th century--energy consumption galore.

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#Economics #2ndOilCrisis

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"Fuel efficiency, lowered speed limits, and national oil reserves are the examples of lessons."

Apart from the (now far too small-- economies have grown greatly since the end of the 1970s) #NationalOilReserves, the lessons have chiefly been unlearnt, as the #SUV exaplecwas supposed to exemplify (pars pro to.)

Some economists compare the (potential) growth since the end of democratization of...

@economics_that_works

#Economics #2ndOilCrisis

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👉s/:YES, lessons learned!/s👈

2) Such as this giant new #Datacenter in the #UK:
mastodon.social/@HistoPol/1152…

And we haven't even talked about the probably even more dangerous fresh #WaterGuzzling of #Datacenters 3), despite the #WaterWars having begun in at least some regions of the globe.

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3) mastodon.social/@HistoPol/1147…

HistoPol (#HP) 🏴 🇺🇸 🏴 (@HistoPol@mastodon.social)

Attached: 3 images @gerrymcgovern@mastodon.green #AI #ClimateCrisis *The Detrimental Effects of Data Centers' Rising #WaterConsumption* (1/n) 👉Increasing #WaterConsumption by #Datacenters threatens #Habitats, #Agriculture, and drinking #water f…

^Mastodon

#Economics #2ndOilCrisis

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...in your thread.

2.) Not long after the First #OilCrisis of the 1970's, gas-guzzling #SUVs like the #Jeep #Cherokee (1984) and the #Toyota #RAV4 were introduced.1)

3.) Presently, it seems that (virtually?) *all* (additionally generated) #GreenEnergy will be consumed by the energy-devouring #AI #Datacenters 2), which, in turn, heat up the atmosphere even more than before the WWW.

1) daxstreet.com/cars/148917/evol…

Evolution of SUVs: From Ancient Carriages to Modern Electric Vehicles - DAX Street

The public in America has shown a strong preference for larger and heavier passenger cars, a trend that is quickly spreading globally. Besides the

^{Jayson O'Neil (DAX Street)}

#Economics #2ndOilCrisis

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"One thing is absolutely certain, today is oil shock's set in motion global changes at least as significant as the oil shocks of the 70s."

Hopefully.

Interesting follow-up question:
Which lessons learned are still implemented *today*?!?

One thing is sure, (some of the lessons *not* learnt still haunt us today, among which are:

1.) The predominance of the #FossilsFoolsEconomy, aspects of which you explained in...
@economics_that_works